MicroStrategy Acquires 1,142 BTC for $90 Million, Total Holdings Reach 714,644 Bitcoin
MicroStrategy purchased an additional 1,142 BTC for approximately $90 million, bringing its total holdings to 714,644 BTC, which accounts for over 3.4% of bitcoin's fixed supply, according to a post by Jason Shubnell citing @CryptoBizzle. Executive Chairman Michael Saylor said today he expects bitcoin to double or triple the S&P's performance over the next four to eight years.